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175,882 Views • Mar 7, 2024 • Click to toggle off description
Warner Bros. Discovery's stock price recently tanked to its lowest price ever after their Q4 earnings call with investors. So what's been going wrong since the merger two years ago? And why might they continue to struggle in the new age of digital media?
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Views : 175,882
Genre: People & Blogs
Date of upload: Mar 7, 2024 ^^
Rating : 4.932 (102/5,933 LTDR)
RYD date created : 2024-05-14T19:06:00.861816Z
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YouTube Comments - 696 Comments
Top Comments of this video!! :3
HBO was literally famous for having good tv content, what do they do with it? call it MAX
The disconnect is so real
713 |
What's insane about this is that zaslav will collect his big paycheck and move on to bankrupt another company after ruining this one lol.
310 |
There is also the issue with WB Games. Last year they had a major hit with Hogwarts Legacy selling over 22M units. This was a single player game with no recurrent micro-transactions.
This year they released Suicide Squad: Kill the Justice league. This is a Game as a Service, with recurrent micro-transitions, and it failed miserably.
So one would expect that WB Games would bet on quality single player games, that sell millions of copies.
But WB management is so incompetent and out of touch with their costumer base, that they now decided to go all in into Games as a Service.
490 |
I agree with someone who said that when a company claims a tax write off by cancelling or removing content from their service that content should then become public domain and royalty free.
165 |
WBD has also just announced they'll be shutting down one of New Zealand's two major news broadcasters, which might not mean much to most people, but totally sucks for us
197 |
AT&T completely fucked them over and walked away with a full wallet. Damn.
79 |
This is very interesting to watch as a New Zealander, where Warner Bros Discovery recently announced plans to close New Zealand's only commercial news channel (which it recently acquired), which is alarming as it leaves state-run media with a monopoly over news coverage at a time when there are serious questions being raised about its editorial independence from the government.
Basically, this video provides some wider context to a huge local issue.
153 |
As of yesterday, WB closed a subsidiary known as Rooster Teeth, ending an era. Twenty one years :'(
116 |
As someone who works with WB... this barely touches the issue. Zaslav hates scripted media and prefers reality tv. So he gutted all of WB's best scripted teams. Between the animation and DC tv shows, the majority of WB's scripted content is gone. All they have left is HBO.
29 |
Also, the Dune movies won’t save them. They were mostly financed by Legendary, I think WB only has a 20% stake. Zaslav’s moves in shelving projects, and Max isn’t HBO enough, they’ve alienated a lot of creatives.
53 |
I think it's very funny that I knew more about the shelved movies "Batgirl" and "Coyote vs. Acme" than I did "Aquaman and the Lost Kingdom" and the remake of "The Color Purple". Warner Bros struggles at making great films and marketing them at the same time, it's very funny to me.
54 |
I'll still never understand why they chose to axe the HBO brand on their streaming service. Max just sounds so bland.
124 |
"Unable to breath under a mountain of debt" - They paid off $15 billion out of £56.3 billion...nearly 27% already! Its on the right path.
18 |
It really doesn't help that they keep shuttering studios and brands that I actually like and would pay for on their streaming service, CN Studios and Rooster Teeth primarily. RWBY is exclusively on Crunchyroll and they even sold exclusive streaming rights for Rick and Morty to Hulu/Disney during the season premiere. The decisions are baffling and their catalogue is spread out in a million different places.
84 |
Zaslav's bonus being based on free cash flow and not business performance makes so many of his bad business decisions make sense. I've been watching him trying to figure out why he seems to be undercutting his own brand so often, but he has no incentive to build a strong brand. He just needs cash in the bank. I think that will really hurt WB Discovery long term.
21 |
I was in the middle of watching an original series with my friend, and right as we got to season 2 it was pulled from the service and it doesn't exist anywhere else...
I was going to get HBO Max before that happened.
Now with that happening, them shelving completed projects, and restructuring Max to essentially cater to "fluff" content, without the quality control I expected from HBO, I'll gladly go out of my way to avoid giving WBD my money.
Thanks Zaslav!
32 |
damn David Zaslav for not releasing and destroying art in favor of taking the tax write off
55 |
WB were one of the few companies with the IP and content to make a good go of challenging in the streaming industry but have failed at every turn
24 |
I am flabbergasted on how Zaslav still has his job. He has been the most publically BAD CEO in recent memory. Bob Chapek in Disney was not even half as bad as Zaslav when talking about business decisions, yet Chapek was replaced ASAP, while Zaslav keeps running a company with a century old history in the dirt.
98 |
@steammanx
2 months ago
TLDR, pleaseeee don't be afraid of doing and showing complicated numbers and topic!! there's a reason why this channel called business and people wanna understand that type of aspect to it!
875 |